Risk Assessment

 

Why is risk assessment critical to your business?

Risk management aims to prevent incidents wherever possible and to mitigate the adverse effects of unavoidable incidents. It identifies measures to detect, respond to and recover from incidents effectively and efficiently.

 

The law does not expect you to eliminate all risk, but you are required to protect people as far as ‘reasonably practicable’. Risk management is critical in the discharging of the responsibility for corporate governance.

 

Our services

Hanover Associates provides a full risk assessment service using consultants with experience, dedication, integrity and a customised approach. For example, if you think your organisation might be affected by a terrorist attack, we will carry out a comprehensive risk assessment and apply appropriate protective security measures. We will identify your vulnerabilities and the potential impact of exploitation.

 

Controlling the risks

Risk assessment should drive a standard emergency planning process, launching emergency and business continuity plans which are then tested through audit and validation exercises. We will assist in regularly updating the risk assessment, revising plans and further testing.